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Wales Online
07-07-2025
- Business
- Wales Online
Major UK bank giving away free £185 and money is paid within 10 days
Major UK bank giving away free £185 and money is paid within 10 days Lloyds is offering new customers £185 to move their current account (Image: Getty Images ) Lloyds has introduced a new £185 switch offer. The free cash is up for grabs for those who switch to a Club Lloyds account between 1 July and 28 July, 2025. After switching your account, you must also establish at least three direct debits. The £185 will be deposited within 10 working days of the switch completing. You won't qualify if you've received switch cash from Lloyds, Bank of Scotland or Halifax since April 2020. Club Lloyds is a type of packaged bank account that offers additional benefits, including one free lifestyle per year. You can opt for a Disney+ subscription, six cinema tickets, a magazine subscription, or 25% off selected food and drink brands. You also gain access to the Club Lloyds Monthly Saver which provides 6.25% gross/AER on up to £400 a month, and up to 15% cashback at selected retailers. However, it does come with a monthly £5 fee, which is waived if you deposit at least £2,000 a month, reports the Mirror. Nationwide is offering customers £200 to switch to its Nationwide FlexDirect account - but the money is only available if you're already a Nationwide member. For money-saving tips, sign up to our Money newsletter here This means you must have held a current account, savings account or mortgage with the building society on or before 31 March, 2025. Article continues below To receive the cash, you must set up two direct debits and within 31 days of requesting the switch, deposit at least £1,000 and make at least one payment using the debit card. The FlexDirect account is offering 5% AER on balances up to £1,500 for the first year, along with 1% cashback on debit card purchases, capped at £5 per month. Santander has also introduced a £180 switch offer for both new and existing customers who transfer to its Everyday, Edge, Edge Up, or Private current accounts. New customers will need to deposit at least £1,500 into their Santander account within 60 days of the switch request and set up at least two direct debits within 60 days. You won't be eligible for the cash if you had a Santander account on January 1, 2025. First Direct is offering customers £175 if they move their everyday banking to its current account. With First Direct, you must deposit at least £1,000 and set up two Direct Debits or standing orders from the account within 45 days of opening it. You must also register and log onto digital banking, within 45 days of the account opening and make five transactions with your debit card. Article continues below
Daily Mirror
04-07-2025
- Business
- Daily Mirror
Major UK bank giving away free £185 and money is paid within 10 days
The free cash is available to people switching to a Club Lloyds account between July 1 and July 28, 2025 - here is the full eligibility criteria and how to claim the money Lloyds has launched a new £185 switch offer. The free cash is available to people switching to a Club Lloyds account between July 1 and July 28, 2025. Once you have switched account, you must also set up at least three direct debits. The £185 will be paid within 10 working days of the switch completing. You won't be eligible if you've received switch cash from Lloyds, Bank of Scotland or Halifax since April 2020. Club Lloyds is a type of packaged bank account that gives you extra perks, including one free lifestyle a year. You can choose between a Disney+ subscription, six cinema tickets, a magazine subscription, or 25% off certain food and drink brands. You also get access to the Club Lloyds Monthly Saver which pays 6.25% gross/AER on up to £400 a month, and up to 15% cashback at selected retailers. But it does come with a monthly £5 fee, which is wiped if you pay in at least £2,000 a month. Nationwide is paying customers £200 to move to its Nationwide FlexDirect account - but you can only get the money if you're already a Nationwide member. This means you must have had a current account, savings account or mortgage with the building society on or before March 31, 2025. To get the cash, you must set up two direct debits and within 31 days of requesting the switch, pay in at least £1,000 and make at least one payment using the debit card. The FlexDirect account offers 5% AER on balances up to £1,500 for the first 12 months, along with 1% cashback on debit card purchases, capped at £5 a month. Santander has also launched a £180 switch offer for both new and existing customers who move to its Everyday, Edge, Edge Up, or Private current account. New customers will need to pay at least £1,500 into their Santander account within 60 days of the switch request and set up at least two direct debits within 60 days. You will not be able to get the cash if you had a Santander account on January 1, 2025. First Direct is paying customers £175 if they switch their everyday banking to its current account. With First Direct, you must pay at least £1,000 and open two Direct Debits or standing orders from the account within 45 days of opening it. You must also register and log onto digital banking, within 45 days of the account opening and spend on your debit card five times.
Yahoo
03-06-2025
- Business
- Yahoo
Lloyds Bank issues debit card and PIN warning to thousands of customers
Lloyds Bank has warned customers they can no longer pay in cheques using a pay-in slip at their nearest Post Office - from next week. Instead, you'll need to use your debit card and enter your PIN. A Lloyds Banking Group spokesperson told The Sun : "Most customers use our app as the easiest way to pay in a cheque, by taking a photo on their phone and letting us take care of the rest. Very few customers are choosing to deposit cheques in at the Post Office." This week, Lloyds Bank raised the monthly fee for its Club Lloyds packaged bank account from £3 to £5. However, customers who deposit £2,000 or more each month can still avoid paying this fee. READ MORE: 'Absolutely epic' new attraction moves in to empty Bullring shop after Arket quits READ MORE: Birmingham city centre restaurant to turn into 'quintessential pub' as new plans unveiled READ MORE UK faces 'Spanish scorcher' heatwave with 31C as exact date it starts announced Packaged bank accounts, like Club Lloyds, offer more than just standard banking—they come with extra perks. With Club Lloyds, you receive one lifestyle benefit annually, choosing from options such as a Disney+ subscription, six cinema tickets, a magazine subscription, or a 25% discount on select food and drink brands. In addition, members gain access to the Club Lloyds Monthly Saver, which offers an attractive interest rate of 6.25% gross/AER on savings of up to £400 per month. The account also provides up to 15% cashback at participating retailers. The new £5 monthly fee also applies to the Club Lloyds Silver and Platinum accounts, but these tiers require an extra charge on top of the base fee: £11.50 per month for Silver, and £22.50 per month for Platinum. On a positive note, from April 14 onwards, Lloyds removed foreign currency fees on debit card transactions made in the local currency. However, if you opt to pay in pounds instead of the local currency, fees may still apply. Lloyds explains on its website: 'If you pay for something in pounds sterling, the provider of the currency conversion may still charge you. Some cash machine providers may also charge a fee.' A Lloyds spokesperson said: "Our Club Lloyds range offers our customers lifestyle benefits including Disney+, cinema tickets, and magazine subscriptions, and access to market leading mortgage and savings rates."
Daily Mirror
03-06-2025
- Business
- Daily Mirror
Lloyds Bank customers hit with huge change ahead of key service being axed
From this week, customers can no longer pay in cheques using a pay-in slip at their nearest Post Office - instead, you'll need to use your debit card and enter your PIN Lloyds, Halifax, and Bank of Scotland have made a major change to how customers deposit cheques at Post Office branches. From this week, customers can no longer pay in cheques using a pay-in slip. Instead, you'll need to use your debit card and enter your PIN to complete the deposit. It comes as part of wider plans from Lloyds Banking Group to completely axe the ability for its customers to deposit cheques at their local Post Offices from this December. It means customers will have to travel to their nearest Lloyds, Halifax or Bank of Scotland branch, or use mobile banking, to deposit cheques. A Lloyds Banking Group spokesperson told The Sun: "Most customers use our app as the easiest way to pay in a cheque, by taking a photo on their phone and letting us take care of the rest. Very few customers are choosing to deposit cheques in at the Post Office." It comes after Lloyds Bank increased the monthly fee on its Club Lloyds packaged bank account this week from £3 to £5. The monthly fee is still waived if you pay in £2,000 or more each month. A packaged bank account is a type of current account that includes additional benefits. Club Lloyds gives you one lifestyle benefit each year - you can choose between a Disney+ subscription, six cinema tickets, a magazine subscription, or 25% off certain food and drink brands. You also get access to the Club Lloyds Monthly Saver which pays 6.25% gross/AER on up to £400 a month, and up to 15% cashback at selected retailers. This monthly fee also applies to Club Lloyds Silver and Club Lloyds Platinum accounts, although you have to pay extra on top for these accounts. You pay an additional £11.50 a month for Silver account, and £22.50 a month for Platinum. But in some good news, Lloyds removed debit card foreign currency fees from April 14. This applies when you pay in the local currency - if you choose to pay in pound sterling, you may still be charged. Lloyds explains on its website: 'If you pay for something in pounds sterling, the provider of the currency conversion may still charge you. Some cash machine providers may also charge a fee.' The interest-free allowance on Club Lloyds arranged overdrafts has also increased from £50 to £100. A Lloyds spokesperson said: "Our Club Lloyds range offers our customers lifestyle benefits including Disney+, cinema tickets, and magazine subscriptions, and access to market leading mortgage and savings rates."
Daily Mirror
02-06-2025
- Business
- Daily Mirror
Lloyds Bank making huge change to accounts today with fees increased
Club Lloyds gives you one lifestyle benefit each year - you can choose between a Disney+ subscription, six cinema tickets, a magazine subscription, or 25% off certain food and drink brands Lloyds Bank is increasing the monthly fee on its Club Lloyds packaged bank account from today. The fee is rising from £3 a month to £5 a month. The monthly fee is still waived if you pay in £2,000 or more each month. A packaged bank account is a type of current account that includes additional benefits. Club Lloyds gives you one lifestyle benefit each year - you can choose between a Disney+ subscription, six cinema tickets, a magazine subscription, or 25% off certain food and drink brands. You also get access to the Club Lloyds Monthly Saver which pays 6.25% gross/AER on up to £400 a month, and up to 15% cashback at selected retailers. This monthly fee also applies to Club Lloyds Silver and Club Lloyds Platinum accounts, although you have to pay extra on top for these accounts. You pay an additional £11.50 a month for Silver account, and £22.50 a month for Platinum. But in some good news, Lloyds removed debit card foreign currency fees from April 14. This applies when you pay in the local currency - if you choose to pay in pound sterling, you may still be charged. Lloyds explains on its website: 'If you pay for something in pounds sterling, the provider of the currency conversion may still charge you. Some cash machine providers may also charge a fee.' The interest-free allowance on Club Lloyds arranged overdrafts has also increased from £50 to £100. A Lloyds spokesperson said: "Our Club Lloyds range offers our customers lifestyle benefits including Disney+, cinema tickets, and magazine subscriptions, and access to market leading mortgage and savings rates." It comes after Lloyds, Halifax and Bank of Scotland customers were hit with new overdraft charges from last month. The banking group previously had three overdraft rates, with the cheapest being 27.5% and this was available to some Club Lloyd members. The other rates that were available were 39.9% - this was the standard rate that the majority of customers were on - and 49.9%. Under the new system, the 39.9% remains in place and continues to be the rate most customers are on, and there is also still be a higher rate of 49.9%. But the banking group has also introduced new rates of 19.9% and 29.9%. It means someone who was on the cheapest rate of 27.5% as a Club Lloyds member, could have now been moved to the highest rate of 49.9% - but some customers have also seen their rate go down to the 19.9% rate.
